The DBS Bank India Limited (DBIL) has opened a branch in Bhubaneswar. The bank now has presence in 25 cities with 35 branches.
Commenting on the launch, MD and head of National Distribution Prashant Joshi said, “We are delighted to offer our banking products and services through our branch in Bhubaneswar.
It is an integral part of our expansion strategy and we look forward to strengthening our relationships with customers in the market."
Notably, DBS introduced digibank in 2016, and has acquired 2.6 million retail banking customers since its launch.
In addition to savings accounts, digibank provides unsecured loans and is the first to offer paperless onboarding for mutual fund investments from multiple fund houses.